Post
Topic
Board Altcoin Discussion
Re: I Got 1 Million $SHIB airdroped in a trading competition! What Should I do?
by
wxa7115
on 05/05/2024, 02:44:43 UTC
A trading competition is happening at a local exchange in my country. The exchange is a trusted and established one and I have zero doubt about the $SHIB tokens I can receive as a reward in my Shiba Inu exchange wallet. I have been using this exchange since 2018 without any major issues, so you can understand the amount of confidence I have in them.

I mostly invest in Bitcoin, and sometimes in important altcoins. However, I don't believe in the concept of meme coins and don't pursue them. I'm interested in knowing whether I should continue holding onto my current tokens until the next bull run, or if I should sell them to buy Bitcoin or other altcoins. I would appreciate a piece of good advice from the community.
Since this is free money that you received and the amount is not very large, it makes more sense to me to hold that Shiba and see if we can see it making a big movement during the bull run.

After all it is not as if you have anything to lose by taking this decision, as currently that amount represents only 25.15 dollars and you got them for free anyway, so this is one of the few instances in which it makes sense to roll the dice and take a risk you may not take otherwise.